|Bid||0.0000 x 1100|
|Ask||0.0000 x 900|
|Day's Range||0.7000 - 0.7363|
|52 Week Range||0.2900 - 5.8200|
|Beta (5Y Monthly)||-0.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 08, 2009|
|1y Target Est||N/A|
McClatchy Co. (NYSE American-MNI) today announced it has commenced a voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code following the solicitation of a Plan of Reorganization ("the Plan") among its key stakeholders. The Chapter 11 filing provides immediate protection to the Company, which will continue to operate in the ordinary course of business as it pursues approval of the restructuring plan with its secured lenders, bondholders, and the Pension Benefit Guaranty Corporation (PBGC).
The Fresno Bee announced the launch of the Fresnoland Lab, an innovative journalism initiative in collaboration with Fresnoland Media, a local nonprofit, to cover critical issues shaping the future of the central San Joaquin Valley. The Fresnoland Lab will focus on water, land use, housing and neighborhood opportunity and that will test new approaches to engage citizens and make local news more accessible. The Fresno Bee is one of five McClatchy newsrooms in California.
McClatchy (NYSE American MNI) announced today that "North Carolina Priorities," a live journalism event produced by the company's three North Carolina newsrooms, will be held today at ImaginOn: The Joe and Joan Martin Center in Charlotte, NC.
McClatchy (NYSE American-MNI) announced today that it has entered into a Standstill Agreement with the Pension Benefit Guaranty Corporation (PBGC), extending its current runway for negotiating a consensual restructuring with key stakeholders.
McClatchy (NYSE American-MNI) today disclosed that it will not be releasing certain nonqualified Supplemental Executive Retirement Benefits to a small number of participants at this time as it continues to address its long-term liquidity pressures arising from its qualified pension obligations due in the third quarter of 2020.
The McClatchy Company (NYSE American-MNI) announced today that on December 13, 2019, the NYSE American LLC ("NYSE American") notified the Company that it has accepted the Company's plan to regain compliance with the NYSE American's continued listing standards.
SACRAMENTO, Calif., Nov. 21, 2019 /PRNewswire/ -- McClatchy's West Region Editor, Lauren Gustus, will lead a new company-wide effort as Director of Community Funding Initiatives. In this expanded role, Gustus will be responsible for building community support for important local journalism initiatives through grants, contributions from philanthropic organizations and individuals, and partnerships with local stakeholders and readers. "This expanded role reflects the tremendous work Lauren has had in this space in just the last six months," said Kristin Roberts, vice president of News, in announcing Gustus' role.
Negotiating Capital and Pension Restructuring with PBGC and Key Stakeholders - Grew digital-only subscribers to 199,200 and topped 200,000 subscriptions in early October - Increased total paid digital ...
SACRAMENTO, Calif., Nov. 5, 2019 /PRNewswire/ -- McClatchy (NYSE American MNI) announced the launch of an ambitious initiative to cover the 2020 presidential race differently -- by leveraging its local expertise to tell the stories of the voters and communities who will decide this election. Impact2020 will tell a full national story powered by local reporting and offer a standalone politics subscription product for political obsessives who know the election will not be decided inside the Beltway. The plan to cover the 2020 presidential race was announced today by Kristin Roberts, Vice President, News.
SACRAMENTO, Calif. , Oct. 30, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public ...
YOUNGSTOWN, Ohio, Oct. 10, 2019 /PRNewswire/ -- Mahoning Matters, a digital-only news outlet serving Ohio's Mahoning Valley, launched today. The announcement was made by Mandy Jenkins, general manager of The Compass Experiment, a local news laboratory founded by McClatchy and funded by Google News Initiative's Local Experiments Project. Mahoning Matters will focus on vital topics that impact the daily lives of Mahoning Valley residents -- how local government functions for underserved residents, the impact of business decisions on the economy and the effect of political and business corruption on the Valley's identity and future.
FRESNO, Calif., Sept. 18, 2019 /PRNewswire/ -- The Fresno Bee announces the launch of the Education Lab, an ambitious editorial initiative focusing on education issues critical to the advancement of residents in Fresno and the San Joaquin Valley. Four journalists will join The Bee to cover the topic of education in Fresno and the San Joaquin Valley.
SACRAMENTO, Calif., Sept. 13, 2019 /PRNewswire/ -- The McClatchy Company (NYSE American-MNI) announced today that on September 9, 2019, it received a notice from NYSE American LLC ("NYSE American") indicating that the Company is not currently in compliance with certain listing standards, and as noted below, has approximately 18 months to become compliant under a plan that is subject to approval by NYSE American. McClatchy is below compliance with Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American continued listing standards since it reported stockholders' deficit of $372.5 million as of June 30, 2019 and net losses in each of the four most recent fiscal years ended December 30, 2018.
Net Loss Narrows; Cost Controls Drive Third Consecutive Quarterly Improvement in Adjusted EBITDA Trend - Continued the improving trend in adjusted EBITDA for the third consecutive quarter - Reduced operating ...
SACRAMENTO, Calif. , July 25, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) announced today that its second quarter earnings conference call will be accessible live to the media and general public ...
SACRAMENTO, Calif., July 18, 2019 /PRNewswire/ -- McClatchy (NYSE AMERICAN: MNI) announced today the selection of Youngstown, Ohio, as the launch city for The Compass Experiment — an initiative in association with Google to develop essential and sustainable local digital news models. "When we heard that Youngstown's daily newspaper, The Vindicator, would be closing, we saw an opportunity to help a community with a rich heritage and distinct identity find a path forward for local news," said Mandy Jenkins, general manager of The Compass Experiment.
SACRAMENTO, Calif., July 9, 2019 /PRNewswire/ -- The Miami Herald and McClatchy Studios announced today that "Smoked," a six-part podcast and multimedia series chronicling the extraordinary life of South Florida's Randy Lanier will launch July 16. Lanier was a racing prodigy who rose to stardom at the Indy 500 while living a secret double life as one of the biggest pot kingpins in American history. "The Miami Herald was known for its comprehensive and groundbreaking coverage of smuggling and the South Florida drug trade throughout the 1970s and '80s," said Aminda Marqués González, editor and publisher of the Miami Herald.
SACRAMENTO, Calif., June 11, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) named Mandy Jenkins as General Manager of The Compass Experiment. Jenkins will lead a three-year effort to explore new sustainable models for local news.
SACRAMENTO, Calif., May 22, 2019 /PRNewswire/ -- McClatchy (NYSE American - MNI) named Kristin Roberts Vice President of News. In this top editorial role, Roberts will report to President and CEO Craig Forman, effective May 27, 2019. "Kristin is a superb newsperson and a skilled digital innovator," said Forman.
SACRAMENTO, Calif., May 16, 2019 /PRNewswire/ -- The McClatchy Company (NYSE American: MNI) announced that yesterday it completed the sale and leaseback of its Kansas City Star headquarters to Ambassador Hospitality, LLC. The state-of-the-art glass building was sold for $30.1 million and leased back for 15 years with initial annual lease payments of $2.8 million. The company previously disclosed that it had completed the sale of a distribution center in Miami, Florida for proceeds of approximately $2.2 million. Separately, today the company's shareholders elected 11 directors to one-year terms, ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal year 2019, and approved the amendment to the 2012 Omnibus Incentive Plan ("Incentive Plan") to increase the number of shares of Class A Common Stock authorized for issuance under the Incentive Plan.
SACRAMENTO, Calif., April 25, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) announced today that its first quarter earnings conference call will be accessible live to the media and general public via internet webcast and through listen-only, dial-in conference lines. The conference call will be held on Thursday, May 9, 2019, at noon Eastern, 9 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on May 9th.
SACRAMENTO, Calif., April 11, 2019 /PRNewswire/ -- Eight media outlets are collaborating to produce a major two-part investigative series, "Destined to Burn," which examines how life and property loss can be prevented in catastrophic California blazes. In November 2018, 85 people died and the northern Californian town of Paradise was devastated in the Camp Fire, the deadliest wildfire in California history. Starting today, April 11, the first installment of the series, which looks at what went wrong and lessons learned from the Camp Fire, will be available on the digital platforms of collaborating news outlets.
SACRAMENTO, Calif., March 27, 2019 /PRNewswire/ -- McClatchy (NYSE American: MNI) today announced 12 President's Awards for journalists who focused on local accountability journalism that safeguarded the most vulnerable in their communities and led to needed reforms. The Miami Herald exposed the sweetheart deal a prosecutor who now serves in Donald Trump's cabinet brokered for multi-millionaire Jeffrey Epstein after he sexually assaulted scores of teenage girls. The Fort Worth Star-Telegram also found scores of young victims of sexual abuse in a sweeping investigation of independent fundamentalist Baptist churches, revealing how loosely affiliated churches and private universities worked to cover up crimes and relocate offenders across the country.
SACRAMENTO, Calif., March 8, 2019 /PRNewswire/ -- McClatchy today named Aminda Marqués González as Editor and Publisher of the Miami Herald and el Nuevo Herald, and expanded the leadership role of Sara Glines as Regional Publisher of McClatchy's Carolinas and East regions.